5 bedroom homes for sale in Merle Hay, IA

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Merle Hay, IA Real Estate Market Overview

The number of homes for sale in Merle Hay, IA increased by 10.2% between February 2025 and March 2025. While the average time on the market in March 2025 was 25 days, the median list price was $220,000. In March 2025 more than 2 listings in Merle Hay, IA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 5 were sold below.
From Rocket Homes Real Estate and based on county public records data

What is it like to live in Merle Hay, IA

Schools near Merle Hay, IA

Elementary Schools

  • Moore Elementary School

    3716 50th St

    Public District KG-5

  • Hills Elementary School

    2401 56th St

    Public District KG-5

Middle Schools

  • Cowles Montessori School

    6401 College Ave

    Public District EE-8

  • Meredith Middle School

    4827 Madison Ave

    Public District 6-8

High Schools

  • Hoover High School

    4800 Aurora Ave

    Public District 9-12

Data provided by Great Schools

Housing market reports in Polk County

Top real estate cities in Iowa

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1The following offers are available only to clients who are purchasing a home and financing with Rocket Mortgage: (1) Client purchasing with a Rocket Homes Partner Agent through Rocket Homes will receive a lender paid credit that is 1.25% of their loan amount. For example, a $200,000 home purchase price minus a 5% down payment of $10,000 results in a loan amount of $190,000. Client would receive a credit of 1.25% of the $190,000, for a credit of $2,375 toward closing costs. (2) Client is referred by a real estate agent to buy a new home will receive a lender paid credit that is 0.50% of their loan amount. Offer does not apply to new loans submitted through an Executive Loan Officer, mortgage broker, through Schwab, or on nonagency jumbo loans, non-QM loans, bank statement loans, second lien products or team member loans. Offer may not be redeemed for cash and is nontransferable. Offer cannot be retroactively applied to loans where the rate has been locked. Conditions and exclusions apply. This is not a commitment to lend and is contingent on qualification per full underwriting guidelines.

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*Based on Rocket Mortgage data in comparison to public data records.

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